Thursday, October 23, 2014 5:08:23 PM
(taken from the link),
Jmo.
"Saturday Night Special
A Saturday night special is a sudden attempt by one company to take over another by making a public tender offer. The name comes from the fact that these maneuvers used to be done over the weekends. This too has been restricted by the Williams Act in the U.S., whereby acquisitions of 5% or more of equity must be disclosed to the Securities Exchange Commission."
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